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PRO SYSTEM METHOD

Active
Private limited company (pre-2019)founded 1992active for 33 yearsVIIde-Olympiadelaan 57, 2020 Antwerpen, BelgiumKBO/BCE: BE 0448.414.271
Summary

PRO SYSTEM METHOD has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,003) and a net result of -€9,532. Equity is shrinking by about 68% per year across the filed financial years. Its solvency ranks better than 6% of 9,521 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Office administrative and support services
NACE 82100
1 site
Size
€32,970total assets 2025
Equity
-€27,003
Loss
-€9,532
Turnover not published (micro format)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Holdings
1
Accounts 7 days early0 of 2 deeds read
Why 52raises riskCapped at 59: negative equityNegative equity -€27,003Loss of €9,532, the second in a row (financial year 2025)Liquidity: current ratio 0.03, cash €106, halvedlowers riskSize: total assets €32,970Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 82, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -81.9% of total assets
Liquidity 0-2
short-term debt 181.9% · cash 0.3%
Profitability 0=
return on assets -28.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,610 companies, NACE 82, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025lowest value 05-2025: 0.7%● unchanged vs 04-2025lowest value 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▼ -0.1 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.2 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.03, compared with 0.05 in 2024; short-term debt: 181.9% and cash: 0.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 5% on solvency, 2% on liquidity, 5% on profitability and 12% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €32,970
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€27,003
NBB · annual accounts
raises risk · Loss of €9,532, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.03, cash €106, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€27,003
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
3 days early
2023
25 days early
2022
19 days early
2021
31 days early
2020
53 days late
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 12 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end10-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Financials · financial year 2025, micro format

Equity
-€27,003▼ 54.6%
2024 · -€17,471
Total assets
€32,970▼ 14.5%
2024 · €38,543
Net result
-€9,532▼ 9.1%
2024 · -€8,741
Working capital
-€58,450▼ 10.3%
2024 · -€52,984
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result stays negative: a loss of €9,220 in 2025 against €8,473 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€9,220 2025 Net result-€9,532 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result-€10,820--€3,985▲ 63.2%€5,283-€7,492-€6,840▲ 8.7%-€8,473▼ 23.9%-€9,220▼ 8.8%
Net result-€14,042--€6,558below the sector's middle half▲ 53.3%€3,453within the sector's middle half-€9,947below the sector's middle half-€8,640below the sector's middle half▲ 13.1%-€8,741below the sector's middle half▼ 1.2%-€9,532below the sector's middle half▼ 9.1%
Equity€12,961-€6,403below the sector's middle half▼ 50.6%€9,856below the sector's middle half▲ 53.9%-€91below the sector's middle half-€8,731below the sector's middle half▼ 9,493%-€17,471below the sector's middle half▼ 100%-€27,003below the sector's middle half▼ 54.6%
Total assets€82,333-€96,046within the sector's middle half▲ 16.7%€89,625within the sector's middle half▼ 6.7%€64,348within the sector's middle half▼ 28.2%€212,085within the sector's middle half▲ 230%€38,543below the sector's middle half▼ 81.8%€32,970below the sector's middle half▼ 14.5%
Debt€69,371-€89,643▲ 29.2%€79,769▼ 11.0%€64,439▼ 19.2%€220,815▲ 243%€56,014▼ 74.6%€59,972▲ 7.1%
Working capital-€59,248--€62,551below the sector's middle half▼ 5.6%-€58,303below the sector's middle half▲ 6.8%-€57,209below the sector's middle half▲ 1.9%-€48,310below the sector's middle half▲ 15.6%-€52,984below the sector's middle half▼ 9.7%-€58,450below the sector's middle half▼ 10.3%
Solvency15.7%-6.7%below the sector's middle half▼ 9.1pp11.0%below the sector's middle half▲ 4.3pp-0.1%below the sector's middle half▼ 11.1pp-4.1%below the sector's middle half▼ 4.0pp-45.3%below the sector's middle half▼ 41.2pp-81.9%below the sector's middle half▼ 36.6pp
Current ratio0.15-0.30below the sector's middle half▲ 0.160.27below the sector's middle half▼ 0.030.11below the sector's middle half▼ 0.160.78below the sector's middle half▲ 0.670.05below the sector's middle half▼ 0.730.03below the sector's middle half▼ 0.03
Return on assets (ROA)-17.1%--6.8%below the sector's middle half▲ 10.2pp3.9%within the sector's middle half▲ 10.7pp-15.5%below the sector's middle half▼ 19.3pp-4.1%below the sector's middle half▲ 11.4pp-22.7%below the sector's middle half▼ 18.6pp-28.9%below the sector's middle half▼ 6.2pp
above within below the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,970
Fixed assets €31,447 ▼ 11.4%
Current assets €1,523 ▼ 49.7%
Equity and liabilities
Equity-€27,003
Debt€59,972
Equity is negative: debt (€59,972) exceeds the balance-sheet total (€32,970).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€5,154▼
2024 · -€4,407
Cash flow
-€5,465▼
2024 · -€4,674
Interest coverage
-16.55▼
2024 · -16.45
Debt ≤ 1 year
€59,972▲
2024 · €56,014
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.5% went bankrupt
10% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,543€32,970▼
Fixed assets21/28€35,513€31,447▼
Tangible fixed assets22/27€35,513€31,447▼
Land and buildings22€31,505€28,306▼
Furniture and vehicles24€4,008€3,141▼
Current assets29/58€3,029€1,523▼
Amounts receivable within one year40/41€2,526€1,417▼
Trade receivables40€2,526€1,417▼
Cash at bank and in hand54/58€504€106▼
Equity and liabilities
Total equity and liabilities10/49€38,543€32,970▼
Equity10/15-€17,471-€27,003▼
Contributions10/11€51,000€51,000=
Reserves13€1,425€1,425=
Non-distributable reserves130/1€1,425€1,425=
Reserves not available under the articles1311€1,425€1,425=
Profit (loss) carried forward14-€69,896-€79,428▼
Amounts payable17/49€56,014€59,972▲
Amounts payable within one year42/48€56,014€59,972▲
Other amounts payable47/48€56,014€59,972▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,066€4,066=
Other operating charges640/8€1,373€1,489▲
Gross operating margin9900-€3,033-€3,665▼
Operating profit (loss)9901-€8,473-€9,220▼
Financial charges65/66B€268€311▲
Recurring financial charges65€268€311▲
Profit (loss) for the period before taxes9903-€8,741-€9,532▼
Profit (loss) for the period9904-€8,741-€9,532▼
Profit (loss) for the period to be appropriated9905-€8,741-€9,532▼
Appropriation of the result
Profit (loss) to be appropriated9906-€69,896-€79,428▼
Profit (loss) brought forward from the previous period14P-€61,156-€69,896▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,255€3,255€3,705€3,837€3,993€4,066€4,066=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€2,919----
Other operating charges640/8---€1,601€1,595€1,373€1,489▲ 8.4%
Gross operating margin9900-€6,014€1,015€10,752€865-€1,251-€3,033-€3,665▼ 20.8%
Operating profit (loss)9901-€10,820-€3,985€5,283-€7,492-€6,840-€8,473-€9,220▼ 8.8%
Financial income75/76B---€7----
Recurring financial income75€0€3-€7----
Financial charges65/66B---€2,094€1,431€268€311▲ 16.3%
Recurring financial charges65€2,828€2,182€1,492€2,094€1,431€268€311▲ 16.3%
Profit (loss) for the period before taxes9903-€13,647-€6,164€3,791-€9,579-€8,271-€8,741-€9,532▼ 9.1%
Income taxes67/77€394€394€338€368€368---
Profit (loss) for the period9904-€14,042-€6,558€3,453-€9,947-€8,640-€8,741-€9,532▼ 9.1%
Profit (loss) for the period to be appropriated9905-€14,042-€6,558€3,453-€9,947-€8,640-€8,741-€9,532▼ 9.1%
Line2019202020212022202320242025Change
Assets
Total assets20/58€82,333€96,046€89,625€64,348€212,085€38,543€32,970▼ 14.5%
Fixed assets21/28€72,209€68,954€68,159€57,118€39,579€35,513€31,447▼ 11.4%
Tangible fixed assets22/27€50,605€47,350€46,555€42,718€39,579€35,513€31,447▼ 11.4%
Land and buildings22---€37,904€34,704€31,505€28,306▼ 10.2%
Furniture and vehicles24---€4,814€4,875€4,008€3,141▼ 21.6%
Financial fixed assets28€21,604€21,604€21,604€14,400----
Current assets29/58€10,123€27,091€21,466€7,231€172,505€3,029€1,523▼ 49.7%
Stocks and contracts in progress3€7,767€21,966€8,602€4,475----
Stocks30/36---€4,475----
Amounts receivable within one year40/41€2,134€416€12,714€2,755€1,821€2,526€1,417▼ 43.9%
Trade receivables40---€1,875€404€2,526€1,417▼ 43.9%
Other amounts receivable41---€881€1,417---
Cash at bank and in hand54/58€222€3,894€150-€167,854€504€106▼ 79.0%
Deferred charges and accrued income490/1----€2,830---
Equity and liabilities
Total equity and liabilities10/49€82,333€96,046€89,625€64,348€212,085€38,543€32,970▼ 14.5%
Equity10/15€12,961€6,403€9,856-€91-€8,731-€17,471-€27,003▼ 54.6%
Contributions10/11€51,000€51,000-€51,000€51,000€51,000€51,000=
Reserves13€1,425€1,425€1,425€1,425€1,425€1,425€1,425=
Non-distributable reserves130/1---€1,425€1,425€1,425€1,425=
Reserves not available under the articles1311---€1,425€1,425€1,425€1,425=
Profit (loss) carried forward14-€39,464-€46,022-€42,569-€52,516-€61,156-€69,896-€79,428▼ 13.6%
Amounts payable17/49€69,371€89,643€79,769€64,439€220,815€56,014€59,972▲ 7.1%
Amounts payable within one year42/48€69,371€89,643€79,769€64,439€220,815€56,014€59,972▲ 7.1%
Financial debts43---€4,697----
Credit institutions430/8---€4,697----
Trade debts44€2,696-€482-----
Taxes, remuneration and social security45---€370€368---
Taxes450/3---€370€368---
Other amounts payable47/48---€59,373€220,447€56,014€59,972▲ 7.1%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€14,042-€6,558€3,453-€9,947-€8,640-€8,741-€9,532▼ 9.1%
+ Depreciation and write-downs630€3,255€3,255€3,705€3,837€3,993€4,066€4,066=
Operating cash flow (approximation)-€10,786-€3,303€7,158-€6,110-€4,646-€4,674-€5,465▼ 16.9%
Investment in fixed assets (approximation)-€0-€2,910€7,204€13,545€0€0-
Change in cash-€3,672-€3,743---€167,350-€398▲ 99.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 11,240 companies in this sector, figures are known for 3,585. See the whole sector

Public contracts: not fully processed yet. The notices from June 2018 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the annual accounts to 31-03-2022 of PRO SYSTEM METHOD and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

No directors read yet: 0 of 2 Gazette acts processed.

History

PRO SYSTEM METHOD was incorporated on 15 October 1992.1 Total assets fell from €82,333 in 2019 to €32,970 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2019 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-10-2026
2025
24-10
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
28-10
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
06-10
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
12-10
NBB filing Annual accounts filed
financial year 2022 · micro format
2021
30-09
NBB filing Annual accounts filed
financial year 2021 · micro format
31-03
Financial Back to profitnet €3,453
Net result €3,453 after 2 loss-making years.
2020
23-12
NBB filing Annual accounts filed
financial year 2020 · micro format · 53 days late
2019
30-09
NBB filing Annual accounts filed
financial year 2019 · micro format
2018
07-10
NBB filing Annual accounts filed
financial year 2018 · micro format
2017
27-10
NBB filing Annual accounts filed
financial year 2017 · micro format
2016
27-09
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 32 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded15-10-1992
Financial year end31-03
Abbreviation NL P.C.T.O.
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0448414271
Also 9925:BE0448414271
Registered 20-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 10 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1993
registered office establishment The establishment unit on the map
Ground area
406 m²
Building footprint
119 m²
Building volume
1,035 m³
Parcel 11809I2348/00S002, Flanders · tallest building 11.6 m. Linked by address, not a title deed.
1 establishment unit
Pro System Method
VIIde-Olympiadelaan 57, 2020 AntwerpenOffice administrative and support services
since 1993unit no. 2.063.087.258
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11809I2348/00S002 Flanders 406 m² 1 · 119 m² 11.6 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.